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Innophos names interim CFO as it begins search for replacement

By Eric StraussCranbury|
Mar 15, 2019 at 11:44 am

Innophos Holdings

Kim Ann Mink, Innophos' chairman, CEO and president: "As we move into the next chapter of our transformation with a sharp focus on execution, a new set of financial and business skills and experience are needed to lead our finance organization forward."

Innophos Holdings Inc., a Cranbury-based specialty ingredients company, has named an interim chief financial officer, it announced Friday.

Mark Feuerbach, currently vice president, investor relations, treasury, financial planning and analysis, will replace Han Kieftenbeld, effective immediately, the company said in a news release. Feuerbach has 30 years of experience in finance at Innophos, including serving as interim CFO four other times.

“As we move into the next chapter of our transformation with a sharp focus on execution, a new set of financial and business skills and experience are needed to lead our finance organization forward and accelerate our strategic growth,” Chairman, CEO and President Kim Ann Mink said in a prepared statement. “We are grateful that Mark Feuerbach will be stepping up to fill the role of CFO on an interim basis. Mark has played a central role within Innophos’ financial organization for three decades. His strong finance background, prior experience in the interim CFO role and deep understanding of the financial needs of our organization will ensure continuity as we complete the search for a permanent CFO.

“We also want to thank Han for his dedication and contributions over the past three years and wish him well in his future endeavors.”

The executive search firm Egon Zehnder is leading the search for a new CFO, with Feuerbach serving in the role until one is found.

“Looking ahead, we remain on track to achieve our 2019 guidance and continue to be confident in our ability to deliver on our Vision 2022 strategic roadmap to transform the growth and earnings profile of Innophos, deliver sustainable value for our shareholders and be a valued partner for our customers,” Mink said.